News
Richemont, Signet in talks to join De Beers consortium – report
Luxury group Richemont and US retailer Signet Jewelers are in advanced talks to join the Global Diamond Consortium (GDC) bidding for De Beers, according to five people familiar with the matter, Bloomberg reports.
Yesterday
Rio Tinto begins Q4 of 2026 with strong operational performance
The Anglo-Australian mining group Rio Tinto has reported its third-quarter 2026 results, highlighting strong operational performance.
Yesterday
Silver market deficit to widen in 2026 - report
In the latest World Silver Survey prepared by the Silver Institute and Metals Focus, the global silver market deficit is forecast to widen for the sixth consecutive year to 46.3 million ounces.
Yesterday
Tharisa signs PGM offtake deal with Valterra Platinum, expands chrome collaboration
South Africa’s Tharisa has entered a binding arrangement for the sale of PGM concentrate to Rustenburg Platinum Mines, a subsidiary of Valterra Platinum, effective 1 January 2027.
Yesterday
Norilsk hosts Nornickel’s 3rd Geology and Mine Surveying Forum
The 3rd Geology and Mine Surveying Forum, organized by Nornickel, has kicked off in Norilsk. The event continues to grow in scope, this year bringing together representatives from universities, equipment suppliers, design teams, mining companies, and...
Yesterday
‘Diamonds and Lies’ Exposes the Real Fake
12 december 2018
(diamonds.net) - In the era of fake news and synthetic diamonds, it was a matter of time before the two would meet. They did so recently in the form of editorials in the South China Morning Post (SCMP) and on the Russia Today (RT) TV channel, which took some cheap shots at the diamond trade. The ill-informed pieces highlight some still-prevalent misconceptions about the industry’s ethical practices. The trade should also be aware that some millennials are becoming advocates for the lab-grown diamond product — that is, if these editorials are anything to go by. As journalists, meanwhile, we must do better research and get our facts straight.
Analysis: A Crisis in Melee
11 december 2018
(diamonds.net) - Among the standout trends that have taken shape in the diamond trade this year is the poor performance of small and cheaper stones. But the drop in the so-called melee market has not been sudden. Supply levels in the midstream were high during the 2008 financial crisis and have remained so since. Inventory climbed significantly in 2017 as three new mines came on stream, leaving the market with an excess of available goods, and prices of small diamonds have dropped by up to 20% in 2018. However, the oversupply is not the only issue causing the slump. The November Rapaport Research Report outlines another three factors that have influenced the weakness in the melee market.
Although Sliding, Jewelry Retail Prices Remain High
10 december 2018
(edahngolan.com) - After reaching a historic record high in 2017, consumer prices of fine jewelry have softened so far in 2018. However, jewelry retail prices are still high, which may explain a number of consumer trends. Are these prices fueling demand for lab-grown? We know that the US market is very price sensitive, and that dictates polished diamond prices, as well as jewelry design. For example, lighter designs do better when gold rise.
The jewellery collection made in innovation granulation technique awarded Grand Prix at Russian Diamond Line 2018
07 december 2018
In early December, the jewellery design contest results were summed up and the winners of the contest were announced; for a decade, this contest has served as the platform for the popularization of the designers’ projects of the Russian jewelers as well as for the promotion of jewellery art into the foreign markets. Only new jewellery items awarded at the professional contests held in Russia and the post-Soviet countries are displayed at the Moscow international contest Russian Diamond Line 2018 (RDL). The RDL prize winners regularly become the winners in the world contests and are ranked high at the leading exhibitions. Next year, the exhibition expositions in the Russian national pavilions in Hong Kong and the USA will be based on our top brands.
African govts fight 'conflict diamonds' resolution
06 december 2018
(bulawayo24.com) - African governments led by South Africa are fighting tooth and nail to stop the passing of a resolution by the Kimberly Process to expand the definition of "conflict diamonds", it has been learnt. Civic society groups are pushing for the adoption of the resolution that activists argue will force African governments to prioritise human rights in the mining sector. In a recent statement, World Diamond Council (WDC) president Stephane Fischler said civil society groups would support the resolution.
